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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Stockdoctor who wrote (6795)11/19/2001 10:23:25 PM
From: sylvester80  Read Replies (1) | Respond to of 99280
 
I guess the Greenman's "irrational exuberance" has gone out the window eh?? His new moto is, "nothing is working so flood street with money and bring back that irrational exuberance, except this time we won't tell the world"....

The funny thing is that the consumer that benefited the last time from rising stock prices and created the product demand, isn't even in this market anymore. So that magical consumer buying that they are hoping for during record unemployment will never happen. The only irrational exuberance is taken place to a very small group this time and IMO, it will all come crashing down in yet another bad dream very soon.

JMHO.